Latest in slew of Sino-Indian joint ventures
Nov. 19 – Both Jaguar and Land Rover vehicles are to be built in China under specially-developed new brands for the domestic market in a US$1.5 billion JV deal announced between JLR, owned by India’s Tata Motors, and China’s Chery Auto. Tata who purchased the British vehicle brands and assembly plants from Ford four years ago, have been highly successful in targeting their upmarket marques at Asian consumers. Previously, the vehicles had largely been the preserve of the American and European markets. The first models to shift production are likely to be the Land Rover Freelander and Defender 4x4s, with luxury Jaguar limousines set to follow. Continue reading
Aug. 28 – Jaguar Land Rover (JLR) saw sales to China increase by 91 percent over the past three months as Chinese consumers eagerly snapped up the luxury cars. Imported into China from JLR’s UK plants, the brands comprise the best of British manufacturing expertise tied to Indian management, regional marketing knowledge and ultimate ownership – Tata Group purchased the then-struggling brands from Ford in 2008. Since then, the UK-based operations have been extensively re-financed and re-modeled. The result? Two now Indian-owned premium auto brands that China just can’t get enough of. 
Mar. 15 – IHS Automotive, a leading market research firm in the automobile industry, estimates in a recent report that India will likely overtake Japan as the second largest vehicle market in Asia by 2016. Meanwhile, China will remain Asia’s largest auto market with its steady growth in auto sales volume.
Dec. 30 – The National Development and Reform Commission (NDRC), China’s top economic planner, published the 2012 Foreign Investment Industrial Guidance Catalog on Thursday outlining industries in which foreign investments will be encouraged, restricted or completely prohibited.
Jun. 17 – 2point6billion.com has unconfirmed reports from Mongolia’s South Gobi region, home to much of the nation’s mining industry, that hundreds of Chinese truck drivers have been turned back to the China border.
